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ratelena [41]
3 years ago
8

Gilbert inc. generated sales revenues of $1,000,000 in the year 2015. its cost of goods sold amounted to $400,000. calculate gil

bert's gross profit percentage.
Business
1 answer:
julsineya [31]3 years ago
7 0

400000 \div 1000000 = .4 \times 100 = 40
100 - 40 = 60
60%
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Suppose the price index was 105 in 2017, 126 in 2018, and the inflation rate was lower between 2018 and 2019 than it was between
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Answer:

These are the answers to the question:

a. the price index in 2019 was lower than 126.0.

b. the price index in 2019 was lower than 147.0.

c. the price index in 2019 was lower than 151.2.

d. the inflation rate between 2018 and 2019 was lower than 1.2 percent.

And this is the correct answer:

b. the price index in 2019 was lower than 147.0.

Explanation:

We can see that the price index rose by 21 units from 105 in 2017 to 126 in 2018.

If the inflation rate was lower between 2018 and 2019, it means that the price index rose by less than 21 units during this period.

Because 126 + 21 = 147, we can be certain that the price index in 2019 was lower than 147.

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What was the result on appeal in the Case Opener involving the claim that Michael Jordan owed $5 million based on his agreement
Stolb23 [73]

Answer:

Sometimes our justice system can really surprise us. How can a person sue another individual based on arguments that are known to be false? Shouldn't the courts just say no to this kind of lawsuits?

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i hope this is what you are looking for

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1 year ago
Korte Company reported the following information for 2014:
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Answer: For 2014, Korte would report comprehensive income of $341,000.

Explanation:

Korte Company

Comprehensive income statement for 2014 (extract)

Sales revenue                             $1,500,000

Cost of goods sold                      (1,050,000)

Gross profit                                      450,000

Operating expenses                      (165,000)

<em>Other income:</em>

Unrealised gain on AFS securities   50,000

Dividends received                             6,000

Comprehensive income               $341,000        

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